REGISTERED NUMBER: 11462359 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

N.C.N.M. Accountancy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

NS Cunliffe

REGISTERED OFFICE:

The Lodge

93 Normanston Drive

Oulton Broad

Lowestoft

Suffolk

NR32 2PX

REGISTERED NUMBER:

11462359 (England and Wales)

ACCOUNTANTS:

N.C.N.M. Accountancy Limited

Chartered Accountants

The Lodge

93 Normanston Drive

Oulton Broad

Lowestoft

Suffolk

NR32 2PX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

56

519

56

519

CURRENT ASSETS

Debtors

6

17,245

18,779

Cash at bank

809

4,246

18,054

23,025

CREDITORS

Amounts falling due within one year

7

16,913

22,250

NET CURRENT ASSETS

1,141

775

TOTAL ASSETS LESS CURRENT LIABILITIES

1,197

1,294

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,097

1,194

SHAREHOLDERS' FUNDS

1,197

1,294

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st December 2025 and were signed by:

NS Cunliffe - Director

1.	STATUTORY INFORMATION

N.C.N.M. Accountancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

57,037

AMORTISATION

At 1st April 2024

and 31st March 2025

57,037

NET BOOK VALUE

At 31st March 2025

-

At 31st March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2024

and 31st March 2025

1,353

5,491

6,844

DEPRECIATION

At 1st April 2024

1,240

5,085

6,325

Charge for year

57

406

463

At 31st March 2025

1,297

5,491

6,788

NET BOOK VALUE

At 31st March 2025

56

-

56

At 31st March 2024

113

406

519

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

14,925

16,989

Bad debt provision

(2,600

)

(2,600

)

Accrued income

1,870

1,850

Prepayments

3,050

2,540

17,245

18,779

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

4,468

Tax

7,532

6,639

Directors loan account

9,381

11,143

16,913

22,250

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

ORDINARY

1

100

100

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £27,500 (2024 - £26,000) were paid to the director .

During the year, the director paid expenses on behalf of the company totalling £7,873 (2024 - £7,247), lent £4,500 (2024: £5,000) to the company, and was reimbursed £14,135 (2024 - £11,250). The balance due to the director at the year end was £9,381 (2024 - £11,143). The balance is unsecured, interest free and with no fixed repayment terms.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is NS Cunliffe.

The ultimate controlling party is NS Cunliffe.